Vodka distillery
Vodka distillery
No, Don Poffenroth wasn't drunk when he decided to empty the contents of his 401(k) and invest it all in a vodka distillery.

In 2007, he left a marketing job in the corporate world and rolled over his company-sponsored 401(k) into a self-directed IRA with Guidant Financial. He was confident that he could do better than the 3% to 5% returns his 401(k) eking out so he took the money he had accumulated and put it toward building a vodka distillery in Spokane, Wash.

Three years later, after he invested $300,000 in the distillery, Poffenroth claims his 60% stake is worth about $1.2 million.


Last updated July 05 2011: 11:13 AM ET
Join the Conversation

From sleeping in offices to following senior citizens to restaurants in order to find the best "early bird specials," these people will do almost anything to save a buck. More

Always dreamed of being married by Elvis? Dying to learn the art of metal embossing? Here are 11 wacky ways credit card rewards customers have cashed in their points. More

Find Homes for sale
  • Property Type
  • Find a home in:
    New York | Atlanta | Chicago | Los Angeles
    Washington D.C | Houston | Philadelphia | More options
Most Popular
 
 
 
 
 

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.